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Tag: china
Morning National News Wires Quick Hits: China and Greece sink Markets
2015-08-21 17:44:33| Industrial Machines - Topix.net
Morning National News Wires Quick Hits: China and Greece sink Markets What you need to know about this morning's business news. Check out this story on azcentral.com: http://azc.cc/1NJZKfS Investors play a card game near electronic boards displaying stock prices in Beijing, Friday, Aug. 21, 2015.
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national
china
quick
China Eastern and Airbus ProSky Demonstrate New Procedures in Yushu
2015-08-21 15:59:00| Airport Technology
Early this month, China Eastern successfully validated new 'Required Navigation Performance Authorization Required' procedures (RNP AR) at Yushu Airport with a demonstration flight at Yushu Airport. The Yushu airport sits at an elevation of 12,811ft
Tags: china
procedures
eastern
demonstrate
Getting the edge on China
2015-08-21 12:20:06| Jewelry - Topix.net
FOR DECADES, competition from China has crumpled American industries like tin cans, throwing hundreds of thousands of Americans out of work. Beating China isn't easy, but Sherrill Manufacturing has found it is possible.
China overhauls telecoms
2015-08-21 11:44:29| Telecom - Topix.net
China is close to reorganising the leadership of its three main telecommunications companies as the government prepares to revamp the industry, people familiar with the matter said. The chairman of China Mobile's parent company, Xi Guohua, will retire and be replaced by Ministry of Industry and Information Technology Vice Minister Shang Bing, the people said, asking not to be identified because the information hasn't been made public.
Tags: china
telecoms
overhauls
telecoms china
China Unicom H1 profits up on lower costs, broadband growth
2015-08-21 10:35:00| Telecompaper Headlines
(Telecompaper) China Unicom reported revenues for the first half of 2015 down 3.3 percent from a year earlier to CNY 144.69 billion. Services revenue fell 5.3 percent, with mobile revenues down 9.7 percent to CNY 73.46 billion and fixed revenues up 2.2 percent to CNY 46.19 billion. Unicom blamed the drop on the changes to VAT in China and changes to its sales and marketing model. The latter resulted in reduced handset subsidies and operating costs, helping EBITDA for the period increase 5.8 percent to CNY 50.46 billion. Net profit was up 4.5 percent to CNY 6.99 billion. The operator highlighted the focus on broadband services, with 3G and 4G now accounting for 71.8 percent of mobile service revenue, up from 66.9 percent a year ago. The number of mobile broadband subscribers increased by 8.68 million in the six months to 157.79 million at the end of June, equal to 54.5 percent of total mobile subscribers, up by 6.8 percentage points over the same period last year. Data usage by handset subscribers grew by 47.4 percent year-on-year, and the average monthly data traffic for mobile broadband customers was up 34.1 percent.
Tags: china
lower
costs
growth
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